Crack Down on Late Payers — 7 Tips for Small Business Owners

By Carol Tice | edited by Dan Bova | Feb 14, 2011

Opinions expressed by Âé¶¹Éç contributors are their own.

crack-down-on-late-payers.jpg
1. Track payments carefully. 2. Try a friendly call or email. 3. Choose the right person to follow up. 4. Offer a repayment plan. 5. Rebill and add a late charge. 6. Take preventive steps. 7. Consider guaranteed-payment methods. Have you had problems with late payers?
crack-down-on-late-payers.jpg
1. Track payments carefully. 2. Try a friendly call or email. 3. Choose the right person to follow up. 4. Offer a repayment plan. 5. Rebill and add a late charge. 6. Take preventive steps. 7. Consider guaranteed-payment methods. Have you had problems with late payers?

Carol Tice • Owner of Make a Living Writing

Longtime Seattle business writer Carol Tice has written for Âé¶¹Éç, Forbes, Delta Sky and many... Read more

Related Content